Used properties dominate Brazilian real estate financing

Used properties accounted for more than 70% of financing operations within the Brazilian Savings and Loan System (SBPE) during the first half of 2026, according to data from the Brazilian Association of Real Estate Credit and Savings Entities (ABECIP).

Total SBPE financing for property acquisitions reached R$ 67.2 billion during this period, representing a 12% increase compared to the same interval in the previous year. Approximately 130,000 new and used units were financed.

Experts note that the preference for used homes is driven by factors such as central locations, larger square footage, and immediate availability, which avoids the wait times associated with new construction. While new developments offer modern technology and amenities, used properties often provide more negotiation space and the option of being move-in ready.